KEMET Receives Arrow's Highest Supplier Excellence Award Three Years in a Row.

GREENVILLE, S.C., June 15 /PRNewswire/ --

For the third consecutive year, KEMET Corporation (NYSE: KEM) received the "Supplier Excellence Award -- PEMCO Products" from Arrow Electronics, Inc. (NYSE: ARW) at the recent EDS Show in Las Vegas. The Supplier Excellence Award is Arrow's highest

award presented yearly to only one supplier of passive, electro-mechanical, or connector ("PEMCO") products. The criterion for the award is overall quality, on-time delivery, customer service, and overall ease of doing business.

For the second year in a row, KEMET received Arrow's awards for "Largest Sales Volume" and "Largest Sales Growth" in passive, electro-mechanical, or connector products. KEMET also received an award presented for the first time for "On-Time Delivery -- Passive Products."

"KEMET's distinguishes itself in the marketplace by leading our industry in quality and on-time delivery and in our easy-to-buy from philosophy," said President and Chief Operating Officer Charles Culbertson. "We are honored that Arrow has chosen to recognize KEMET for excellence in these areas."

About KEMET

KEMET Corporation, headquartered in Greenville, South Carolina, is the largest manufacturer of solid tantalum capacitors and the fourth largest manufacturer of multilayer ceramic capacitors in the world. KEMET's preferred supplier strategy is to be the best capacitor supplier to the most successful OEM, electronics manufacturing services and electronics distribution customers. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM. Company information is available via the Internet at http://www.kemet.com.

About Arrow

Arrow Electronics is the world's largest distributor of electronic components and computer products, with 2000 sales of $13 billion. Headquartered in Melville, New York, Arrow serves as a supply channel partner for more than 600 suppliers and 200,000 original equipment manufacturers, contract manufacturers, and commercial customers through more than 225 sales facilities and 23 distribution centers in 39 countries. Detailed information about Arrow's operations can be found at http://arrow.com.

Contact: John R. Warner

Director of Investor and Public Relations

johnwarner@kemet.com

864-963-6640

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